Directors’ duties and tax avoidance: a view from the U.S.
Last year we obtained a legal opinion from Farrer’s & Co which concluded that it was not possible to construe a director’s duty to maximise benefits to a company to include a positive duty to avoid tax. This opinion has helped to nail the urban myth (widely propagated by tax planners to their clients) that failure to engage actively in
Read the full article…Tax haven Britain: Boots Alliance and the use and abuses of Limited Liability Partnerships
Last year our friends at War on Want published a report revealing that Boots the Chemists – a fixture of most U.K. high streets – had dodged over £1 billion in the six preceding years since it was taken over by the Alliance group. War on Want have now sent a letter to HM Revenue and Customs (which we copy
Read the full article…The Offshore Wrapper: a week in tax justice
The Offshore Wrapper is written by George Turner Ireland is not a tax haven Michael O’Leary is the opinionated, controversial chief executive of Dublin-based low cost airline, Ryanair. In typical forthright style, O’Leary believes Ireland “has been unfairly singled out” as a tax haven for corporations. TweetShare
The Offshore Wrapper: a week in tax justice
The Offshore Wrapper is written by George Turner Credit Swindle? “We were running a criminal enterprise, but we didn’t know,” is what reportedly Credit Suisse will soon admit in its long running dispute with the United States Justice Department over alleged involvement in assisting US citizens evade tax. TweetShare
Programme: Tax Justice and Human Rights Symposium, McGill University, Montreal 18-20 June 2014
Tax Justice and Human Rights Research Collaboration Symposium Faculty of Law, McGill University, Montreal, 18-20 June 2014 Day 1: Emerging Scholars Symposium Wednesday 18 June TweetShare
The Offshore Wrapper: a week in tax justice
The Offshore Wrapper is written by George Turner It’s just take, take, take… Three members of Take That, the highly successful UK boy band, have been caught “on the take” by Her Majesty’s Revenue and Customs (HMRC). TweetShare
European voters: make tax dodging an election issue
From our friends at Eurodad: Eurodad TweetShare
African Countries Lose Billions through Misinvoiced Trade
Press Release – Global Financial Integrity African Countries Lose Billions through Misinvoiced Trade Fraudulent Trade Transactions Channeled at Least US$60.8 Billion Illegally in or out of 5 African Countries from 2002-2011 TweetShare
“Western tax havens have resulted in Ukrainian deaths”
Here’s something for the weekend. The American Interest has just published this article by Ben Judah, whose previous article on why Russia no longer fears the West caused such a stir earlier this year. The title says it all: How Offshore Finance Sank Western Soft Power. TweetShare
The Offshore Wrapper: a week in tax justice
The Offshore Wrapper is written by George Turner Switzerland-India Dispute Last week we reported that India is getting tough with Cyprus and Mauritius on tax. This week it is Switzerland’s turn to feel Indian ire. TweetShare
Caffe Nero: your unpaid taxes would have helped pay for my father’s hospital care
A couple of years ago poet Steve Pottinger penned this eloquent reaction to the anger he felt about Starbucks’ corporate tax avoidance. In similar vein he’s now sent the following letter to the management of Caffe Nero. TweetShare
The Offshore Wrapper: A week in Tax Justice
The Offshore Wrapper is written by George Turner “In Formula One, everyone cheats. The trick is not to get caught.” TweetShare
The Offshore Wrapper: A week in tax justice
The Offshore Wrapper is written by George Turner Pfizer offshore cash pile fuels AstraZeneca bid TweetShare
Prem Sikka awarded for services to accounting
Our friend Professor Prem Sikka from Essex University, who regularly hosts our annual research conferences, and helped organised TJN’s launch in March 2003, and is a Senior Adviser to TJN, has received a Lifetime Achievement award from the British Accounting and Finance Association. The award is in recognition of Prem’s distinguished service to the accounting academy, and takes account of
Read the full article…The Fallacy of Public Sector Affordability
In this guest blog Professor John Weeks, author of Economics of the 1%, explores the assumptions behind the idea that key public services, including education and pension provision are unaffordable. TweetShare